Resources on Luxury Homes

Luxury Homes for Sale

Your Dream Home

For sure it is a beautifully designed home with many impressive and unique attributes. It should embody the inside/outside living style of the Caribbean with its own tropical lush gardens filled with palm trees, hibiscus and bougainvillea--in addition, a private water front dock, with steps to the sea, surrounded by powder white beach sand. The villa has three to five master bedrooms and one or two junior bedrooms, all with facilites en suite. There are two spectacular swimming pools--one on grade made of stone, one elevated and secluded. All master bedrooms have spectacular views of the Caribbean Sea--as do the living areas, outside verandas and master kitchen. In addition, the property has its own tennis court and stand alone car garage, wherby the entire estate is built on minimum one acre of land, all enclosed by beautiful stone walls.

Luxury Homes

Luxury real estate (American English) or luxury property (British English) describes a niche in the real estate market dealing with the highest socio-economic group of property buyers. Since real estate buyers in this group tend to own many homes, the terms vacation property and second home are inaccurate.
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Differences from ordinary real estate
In addition to simply defining and classifying a property, Luxury real estate also carries with it a much weightier responsibility for those who serve the luxury real estate buyer or seller and that is due to the buyer or seller's ability to pay for added services and their expectation for performance of service. For example, a luxury seller expects a real estate agent selling their home to advertise nationally and sometimes internationally in luxury print media whereas a non luxury seller is usually satisfied with very localized advertising and exposure in the local Multiple Listing Service. Many luxury buyers expects a real estate agent to understand how to work with attorneys, trusts and anonymity. They expect a luxury agent to have resources at their disposal when needed that non luxury buyers wouldn't expect. Frequently a luxury home buyer will take a home through multiple inspections (perhaps 10 to 15 if the property is truly an estate), whereas a non-luxury home will typically go through one inspection.

Excerpt from "Luxury real estate." Wikipedia, The Free Encyclopedia. 13 Oct 2006, 18:21 UTC. Wikimedia Foundation, Inc. 29 Oct 2006 http://en.wikipedia.org/w/index.php?title=Luxury_real_estate&oldid=81252028